Opening-up

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At a news conference in Beijing, Liu Jieyi, spokesman for the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference, stated that China will deepen high-level opening-up and accelerate free trade zone development to stabilize economic growth amid rising global uncertainties. He highlighted that China's economy demonstrated 'remarkable resilience and vitality' over the past year despite a complex external environment.

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On December 19, China's Hainan Free Trade Port launched island-wide special customs operations, with a bulk carrier carrying 179,000 metric tons of petrochemical raw materials becoming the first zero-tariff import at Yangpu port. At the same time, Haikou Meilan International Airport shipped the first batch of duty-exempt chocolates, marking the full implementation of the initiative.

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